Netflix (NFLX) Q2 Earnings Lag Estimates
Netflix (NFLX) came out with quarterly earnings of $1.59 per share, missing the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -13.59%. A quarter ago, it was expected that this internet video service would post earnings of $1.61 per share when it actually produced earnings of $1.57, delivering a surprise of -2.48%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Netflix, which belongs to the Zacks Broadcast Radio and Television industry, posted revenues of $6.15 billion for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 1.08%. This compares to year-ago revenues of $4.92 billion.
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https://finance.yahoo.com/news/netflix-n...09364.html
Netflix (NFLX) came out with quarterly earnings of $1.59 per share, missing the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -13.59%. A quarter ago, it was expected that this internet video service would post earnings of $1.61 per share when it actually produced earnings of $1.57, delivering a surprise of -2.48%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Netflix, which belongs to the Zacks Broadcast Radio and Television industry, posted revenues of $6.15 billion for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 1.08%. This compares to year-ago revenues of $4.92 billion.
...
https://finance.yahoo.com/news/netflix-n...09364.html
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